Spain PM 'moderately optimistic' over economic recovery

Spain PM 'moderately optimistic' over economic recovery
  • Clock-gray 15:06
  • calendar-gray 01 September 2020

Spanish Prime Minister Pedro Sánchez has said he is moderately optimistic about the country's economic recovery despite the coronavirus pandemic, APA reports citing BBC.

Speaking on Tuesday, he said GDP was growing faster than 10% in the third quarter and that partial employment data was very positive.

"The situation is delicate with many uncertainties caused by the pandemic, but the resilience our workers are showing fuels a moderate optimism about the recovery of the country," he told Spanish radio.

His comments come after new figures showed the number of foreign tourists visiting Spain fell 75% in July from a year earlier.

One of the top tourist destinations in the world, Spain normally welcomes some 80 million visitors a year, but only saw 2.5 million foreigners in the month of July, the National Statistics Institute said.

The country has seen a sharp rise in Covid-19 cases in recent weeks.


Other news